Flour Milling in Canada Industry Market Research Report Now Available from IBISWorld

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In the coming years, consumers will continue to demand healthier versions of existing products, allowing operators to expand their customer base. For these reasons, industry research firm IBISWorld has added a report on the Flour Milling industry to its growing industry report collection.

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Rising levels of per capita disposable income and product innovation propelled revenue growth.

The Flour Milling industry benefited from rising levels of per capita disposable income and product innovation over the past five years. As consumers had more disposable income, they increased demand for industry products, thereby benefiting industry producers. During this time, the world price of wheat increased. “This commodity is a primary input in several industry products and its price increase over the five-year period enabled many of the larger industry players to pass cost increases to consumers in the form of higher product prices,” according to IBISWorld Industry Analyst Jeffrey Cohen. As this occurred, downstream markets such as grocery wholesalers and retailers drove demand for industry products. Overall, industry revenue increased at an annualized rate of 0.6% to an estimated $2.0 billion in the five years to 2013. This includes expected growth of 0.2% in 2013.

Over the past five years, a growing number of consumers became more health conscious, causing them to be more aware of the negative health effects that result from eating high-sodium foods. This caused consumers to reduce demand for products that were perceived to be unhealthy and industry producers responded by introducing healthy versions of their existing products.

The industry is anticipated to experience faster revenue growth over the five years to 2018. “A factor that will be responsible for this trend is an increase in per capita disposable income, which drives demand for industry products among consumers,” says Cohen. Also, during this time consumers will continue to demand healthier versions of existing products, allowing operators to expand their customer base. Furthermore, producers will respond by introducing a greater variety of healthy products.

For more information, visit IBISWorld’s Flour Milling in Canada industry report page.

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IBISWorld industry Report Key Topics

This industry participates in the following activities: milling grains and vegetables into flour; cleaning, polishing and milling rice; and producing malt from a variety of cereal grains. Industry operators purchase grain inputs like wheat, corn, barley and rice from wholesalers or directly from growers. They then process them into flour, gluten, starch and malt, and sell these products to grocery wholesalers or other food-related industries.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
IBISWorld
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